LRL.AX
Price:
$0.225
Market Cap:
$125.86M
Labyrinth Resources Limited operates as a gold development and exploration company in Australia. Its flagship property is the Labyrinth gold project located in the Abitibi Greenstone Belt region of Quebec, Canada. The company was formerly known as Orminex Limited and changed its name to Labyrinth Resources Limited in November 2021. Labyrinth Resources Limited was incorporated in 1970 and is based in Subiaco, Australia.
Industry
Gold
IPO Date
1988-01-28
Stock Exchange
ASX
Ticker
LRL.AX
According to Labyrinth Resources Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 27.55% compared to the average of 0.82 of the last 4 quarters.
The mean historical Current Ratio of Labyrinth Resources Limited over the last ten years is 4.65. The current 1.05 Current Ratio has changed 2.15% with respect to the historical average. Over the past ten years (40 quarters), LRL.AX's Current Ratio was at its highest in in the June 2018 quarter at 36.05. The Current Ratio was at its lowest in in the December 2004 quarter at 0.
Average
4.65
Median
0.90
Minimum
0.01
Maximum
36.05
Discovering the peaks and valleys of Labyrinth Resources Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 9.18%
Maximum Annual Current Ratio = 36.05
Minimum Annual Increase = -97.53%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.05 | 244.13% |
| 2023 | 0.30 | -59.63% |
| 2022 | 0.75 | -71.51% |
| 2021 | 2.64 | -5.67% |
| 2020 | 2.80 | 11.26% |
| 2019 | 2.52 | -93.01% |
| 2018 | 36.05 | 9.18% |
| 2017 | 0.39 | 6.60% |
| 2016 | 0.01 | -1.06% |
| 2015 | 0.01 | -97.53% |
The current Current Ratio of Labyrinth Resources Limited (LRL.AX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.70
5-year avg
1.51
10-year avg
4.65
Labyrinth Resources Limited’s Current Ratio is less than Mitre Mining Corporation Limited (14.82), less than Tulla Resources Plc (0), less than Ten Sixty Four Limited (3.34), greater than Lion One Metals Limited (0.84), greater than Calidus Resources Limited (0.85), greater than Strandline Resources Limited (0.17), less than Breaker Resources NL (20.61), greater than Asra Minerals Limited (0.71), greater than Chesser Resources Limited (0.84), less than Alto Metals Limited (2.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 14.82 | $115.10M | |
| 0 | $116.57M | |
| 3.34 | $129.93M | |
| 0.84 | $162.46M | |
| 0.85 | $93.68M | |
| 0.17 | $138.94M | |
| 20.61 | $158.13M | |
| 0.71 | $11.92M | |
| 0.84 | $65.82M | |
| 2.15 | $69.54M |
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